China rejected 248 batches of imported food products and another eight batches of imported cosmetic products in December for failing quality or packaging standards.
One of the biggest chili food manufacturers in China, Laoganma Special Flavour Foodstuffs Co, achieved 3.72 billion yuan ($613.8 million) in sales revenue in 2013, according to a company source.
Despite plummeting gold prices, gold output and purchasing in China both hit record highs in 2013, reinforcing expectations that China might overtake India as the top buyer of the precious metal this year, data from the China Gold Association revealed on Monday.
After rolling out China's first Internet finance product, Yu'E Bao, in June last year, Alipay, the e-payment arm of Alibaba Group Holding Ltd, is set to launch its first fixed-term wealth management service on Friday in a bid to offer an investment choice for those who are willing to wait longer for bigger returns.
After French newspaper Libération reported on Fumian's prospering jeans industry in 2004, the town in Southwest China's Guangxi Zhuang autonomous region proclaimed itself "world capital of jeans".
The economic reform agenda outlined by the Chinese government late last year is heading in the right direction, said Nobel Prize in Economics winner Eric Maskin.
Guangzhou handled 964 applications from companies looking to register in the provincial capital of Guangdong in January, according to a press release from Guangzhou Customs on Monday.
Fast food franchise Subway has said that its bread sold in China does not contain the chemical that is being phased out in the United States market.
Chinese investment in British real estate has increased remarkably and will continue in the coming years, industry insiders say.
Even as China faced huge economic challenges last year, it may have knocked the US off its perch as the world’s largest goods trading nation.
China's logistics sector grew at a slower pace in January compared with a month earlier, according to the China Federation of Logistics and Purchasing (CFLP).
Red wine consumption is set to take off, overtaking France and Italy to become the world's largest market for red wine as an alternative to cereal-based liquor for gifts and company meetings.
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